Decent results from Clariant - Views on News from Equitymaster

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Decent results from Clariant

Jan 25, 2000

Clariant has recorded a 13% growth in the topline with slightly improved operating margin. A reduction in the interest costs has propelled the bottomline by 19%

(Rs m) 3QFY2000 3QFY1999 Change
Net Sales 698.6 602.5 16.0%
Other Income 13.3 11.1 19.8%
Expenditure 638.9 553.7 15.4%
Interest (1.0) (2.8) -64.3%
Depreciation 6.5 6.1 6.6%
Profit before Tax 67.5 56.6 19.3%
Tax 23.6 19.8 19.2%
Profit after Tax/(Loss) 43.9 36.8 19.3%
Net profit margin (%) 6.3% 6.1%  

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